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BUSINESS

Hyundai, Kia sell over 100,000 EVs in Europe in Jan-June
BUSINESS

Hyundai, Kia sell over 100,000 EVs in Europe in Jan-June

Seoul, Aug 2 — Hyundai Motor and Kia sold more than 100,000 electric vehicles (EVs) in Europe in the first half of the year as the South Korean automakers stepped up efforts to strengthen their presence in the region, the companies said on Sunday.A total of 131,032 EVs were sold in Europe during…

DoT issues Rs 26.83 crore demand notice to Vodafone Idea
BUSINESS

DoT issues Rs 26.83 crore demand notice to Vodafone Idea

New Delhi, Aug 1 — Vodafone Idea (Vi) has received a notice from the Department of Telecommunications (DoT) seeking payment of Rs 26.83 crore as liquidated damages over the alleged non-compliance with minimum rollout obligations linked to spectrum acquired in the 2022 auction, the telecom company…

NHAI rolls out barrier-free tolling on Delhi-Jaipur highway
BUSINESS

NHAI rolls out barrier-free tolling on Delhi-Jaipur highway

New Delhi, Aug 1 — The National Highways Authority of India (NHAI) has made travel on the Delhi-Jaipur section of National Highway-48 completely barrier-free with the rollout of the Multi-Lane Free Flow (MLFF) tolling system at the Shahjahanpur Toll Plaza in Rajasthan, it was announced on…

LatentView Analytics reports 6 pc decline in Q1 profit
BUSINESS

LatentView Analytics reports 6 pc decline in Q1 profit

New Delhi, Aug 1 — AI-driven analytics, data engineering and consulting company LatentView Analytics on Saturday reported nearly 6 per cent year-on-year (YoY) decline in its consolidated net profit for the first quarter of FY27.The company posted a consolidated net profit of Rs 48 crore in the…

Gold posts 1.16 pc weekly dip amid firmer dollar
BUSINESS

Gold posts 1.16 pc weekly dip amid firmer dollar

Mumbai, Aug 1 — Gold prices dipped 1.16 per cent on a weekly basis as higher US Treasury yields and a firmer dollar capped safe‑haven demand.On Friday, MCX gold August futures gained 0.06 per cent while MCX silver September futures dipped 1.13 per cent. Currently gold futures stand at Rs 1,41,599,…

Iron ore surge in India can help South African producers: Report
BUSINESS

Iron ore surge in India can help South African producers: Report

New Delhi, Aug 1 — The iron ore surge in India is the single most relevant figure for South African producers, according to a new report, as India expands its steelmaking capacity to meet domestic infrastructure and construction demand.South Africa is India’s major, and in some segments the…

Chinese govt fears open-source AI could undermine information control
WORLD

Chinese govt fears open-source AI could undermine information control

New Delhi, Aug 1 — Even as China presents itself as a global champion of low-cost, open-source artificial intelligence, the Chinese Communist Party is increasingly concerned that advanced artificial intelligence could undermine its control over information and national security, a new report has…